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Troubled Hollywood starlet Mischa Barton will be the star presenter at the MTV Australia Awards on Saturday.

Barton will arrive in Sydney later this week.

"I am really excited to be coming back to Australia," Barton said. "I'm looking forward to a great night of live entertainment."

Barton, who is being paid a lucrative appearance fee by MTV organisers, will present a movie award honouring actor Matt Damon. While Damon will not be at the ceremony, he is expected to make a speech via a live video link. More.